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609 NW 7th St
Galva, IL 61434
Unknown bed None bath unknown SqFt ($0/SqFt)
1.78 acre lot.
Listed 2022-11-08		✓ USDA Eligible
near Galva, IL
 

16 units in Galva

* Sale Pending *

IL. Fur 4 unit buildings with two 2 bedroom units and two 1 bedroom units in each building. 609 NW 7th St, 611 NW 7th Ave, 1034 SW 2nd St. Shared laundry room in each building.

Great opportunity for rental property in lovely little town. Each unit on separate electric and water service Property has a Restrictive Use Agreement that will remain on the property after closing. See attached documents for details.


Presented by Alex Pfister at
CENTURY 21 Affiliated.
Listing Agent Photo

Property MLS #1946547 from SCWMLS

# Stoves: 15

16

Heating Features: Heating Type: Radiant
Heating Fuel: Electric
Water Heaters: 15

Vinyl

Lot Size Acres: 1.78
Lot Size Square Feet: 77537

Garage Spaces: 1
Garage Description: 1 space, Outside
Garage Features: 1 space, Outside
Parking Total: 16

Elementary School: Call School District
High School: Call School District
Middle School: Call School District

Galva Jr-Sr High School is a public middle and high school located approximately 0.4 miles away.
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Galva Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

Number of Units In Community: 16
Number of Units: 16
Number of 1 Bedroom Units: 8
Number of 2 Bedroom Units: 8
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Description: Eat-in kitchen, Range/oven, Refrigerator, Individual heat control
Unit-2 Description: Eat-in kitchen, Range/oven, Refrigerator, Individual heat control
Unit-1 Square Feet: 563
Unit-2 Square Feet: 816
Unit 1 Total Actual Rent: 500
Unit 2 Total Actual Rent: 525
Unit-1 Bedroom-1 Dimensions: 11 x 14
Unit-2 Bedroom-1 Dimensions: 11 x 14
Unit-2 Bedroom-2 Dimensions: 11 x 11

Gross Income: 99483

Annual Tax Amount: 7489
Source Listing Status: Offer-No Show
Directions: 7th Ave & St properties from Hwy 34 go north on NW 8th Ave, right on NW 7th St. 2nd St properties is on Hwy 34 between Wallace & SW 10th Ave
Tax Year: 2021
Source Property Type: Multi Family
Exclusions: Tenants personal property
Inclusions: 15 stoves 16 refrigerators
Area: Other States
Source Neighborhood: Other States
Parcel Number: 24-28-255-001
Zoning: Res
Property Subtype: Apartment building, 2 story
Source System Name: C2C

Price Changed 2024-03-04
$350,000
SCWMLS
Listed 2022-11-08
$450,000
SCWMLS

Net Operating Income: 43985
Operating Expense: 45550

Open floor plan
Ramped or level entrance
First floor bedroom
First floor full bath
Level drive
Level lot
Width of hallways 36"+

Sewer: Municipal sewer
Separate elec meters
Separate water meters
Water Source: Municipal water

Levels or Stories: Apartment building, 2 story
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.